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Technology Stocks : Newbridge Networks
NN 16.41-1.8%Dec 12 3:59 PM EST

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To: Michael M who wrote (1364)4/11/1997 7:16:00 AM
From: Jan   of 18016
 
Hurrah to Michael,
The consensus seems to be, that NN has a great future, no matter what happens. Everybody is silent, because right now a money bomb shelter is at prime. Look what happened to Western Digital (different area): yesterday they announced great quarter results (just after the bell). The stock dropped yesterday 3.66%. Everybody spins the grey mass to interpret it.

NN is ahead of competition right now: NN has (re)invented the perfect way how to effectively produce zilions of different product you need in the communication network: spinoffs and associated companies. The count must be around 20. Right now most of them are in preproduction phase. In next 6 - 12 months, You will see product announcement every three weeks. Chain reaction on company level.

What effect it has on current market? None. Everybody tries to protect portfolio value, which goes down the drain for too many involved.
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